US Close US Close
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Wall St. sizzles as gov't plan eyed.
Conway Gittens reports.

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Countrywide talk lifts Wall Street Countrywide talk lifts Wall Street
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Jan. 10 - U.S. stocks enjoyed their strongest two-day rally of 2008 after reports Bank of America is in serious talks to buy Countrywide Financial. The Dow jumped 117 points to 12,853. The S&P 500 rose 11 points to 1,420. The Nasdaq gained 13 points to 2,488.
Conway Gittens reports from New York.

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Virgin Galactic unveils spaceship Virgin Galactic unveils spaceship
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Jan 23 - Richard Branson's Virgin Galactic showed off models of a spaceship it hopes will take spacetravel mainstream. Trips will initially cost about $200,000 and will eventually go down in price. That's far less than the $20 million reported cost of businessman Dennis Tito's trip on a Russian spacecraft in 2001, considered the first space tourist. Bobbi Rebell reports.

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Financial meltdown timeline Financial meltdown timeline
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Sep 30 - What began as a housing problem has mushroomed into what may be the biggest financial crisis since the Great Depression.In September, the titans topple like dominos, then the Federal Reserve and the Treasury respond with a $700 billion bailout plan. Fred Katayama reports from New York.

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Postcard to U.S. President: Paris Postcard to U.S. President: Paris
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People in France send their first wishes to new U.S. President-elect Barak Obama.
The French, who largely supported Obama as a candidate, were mostly delighted by his victory in the rain of Paris. Some visiting American students were too.

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Boston frets as Wall St. shakes Boston frets as Wall St. shakes
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Oct. 16 - Momentous changes in the financial services industry are likely to have a negative impact on the city of Boston, the unofficial headquarters of the mutual fund industry.

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President Bush dances President Bush dances
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Feb. 21 - President Bush dances alongside President Ellen Johnson-Sirleaf while visiting Liberia.

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House rejects bailout plan House rejects bailout plan
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Sep 29 - The House of Representatives rejected a $700 billion bailout plan by a vote of 228 to 205.The bill would have authorized the Treasury Department to spend up to $700 billion to purchase broken mortgage-backed assets from banks with the goal of thawing frozen capital markets.Deborah Lutterbeck reports.

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NASA finds proof of water on Mars NASA finds proof of water on Mars
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Jul 31 - NASA scientists say they have definitive proof that water exists on Mars. NASA on Thursday also extended the mission of the Phoenix Mars Lander by five weeks, saying its work was moving beyond the search for water to exploring whether the red planet was ever capable of sustaining life. Pavithra George reports.

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World\ World's largest swimming pool
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Jan. 28 - The world's largest swimming pool has been built in Chile.The pool is a kilometer long and is as deep as 35 meters.

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Wildfires rage across California Wildfires rage across California
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Oct 13 - Officials report at least one person has died in wildfires raging across Southern California. Dousing flames from land and sky, more than 1000 firefighters are battling two major blazes on the northern fringe of Los Angeles. Katharine Jackson reports.

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A late day surge A late day surge
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Oct. 16 - The Dow swings wildly but bounces back, ending up 400 points thanks to bargain hunters.

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A furry bundle of awww! A furry bundle of awww!
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Jan 9 - Nuremberg zoo's last surviving polar bear cub is spending some time away from its mother Vera, after one of the zoo's female polar bears ate her own cub.The German zoo bowed to media and public pressure and decided to hand rear the polar bear cub.

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Postcard to U.S. President: Sydney Postcard to U.S. President: Sydney
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People in Australia send their first wishes to the new U.S. President-elect Barak Obama.
Near the iconic Sydney Opera House, Australians were upbeat about the future with the new U.S. president.

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U.S. job losses soar U.S. job losses soar
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Nov. 7 - The American economy lost 240,000 jobs in October and the unemployment rate climbed to a high not seen since March 1994.

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